West Africa Automotive Show
West Africa Automotive Show is organised by BtoB Events aims to bring together suppliers, dealers, and manufacturers with all those involved in automotive maintenance, repair and vehicle enhancement.
Automotive. With a well-planned and prepared approach, exhibitions are the ideal place to launch a product or achieve maximum exposure for your brand.
The short Article post offers useful hints on why exhibitions are great for your automotive business. What is an exhibition? An expo is an event where products are displayed in front of the public. Why exhibitions? Business conferences and shows are an effective marketing tool. Self-driving Cars & Trucks Market Demand Worth 4,223 Thousand Units By 2030 - Home. The global self‑driving/autonomous cars and trucks market size is anticipated to reach 4,223 thousand units by 2030, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 63.1% during the forecast period.
An autonomous vehicle is a combination of various sensors and networking systems that assist computers in driving vehicles. Thus, several technology providers such as Google Inc. and Tesla Motors have also entered the market and are contributing to research and development of autonomous vehicles. Satnav Forecast to See 18% Growth. The global positioning systems (GPS) market size is anticipated to reach USD 146.4 billion by 2025, according to a new study by Grand View Research, Inc., exhibiting a CAGR of 18.4% during the forecast period.
Burgeoning popularity of location-based services such as online food delivery and e-hailing services are projected to create significant demand for GPS-enabled devices over the forecast period. Furthermore, increasing use of GPS devices for navigation purposes in military aircraft and navy ships is poised to propel the market. Global positioning systems are satellite-based navigation systems that provide real-time location of objects. Automotive Electronics Market Size Worth $410.13 Billion by 2025. The global automotive electronics market size is expected to reach USD 410.13 billion by 2025, according to a study conducted by Grand View Research, Inc.
It is estimated to expand at healthy CAGR of 8.6% during the forecast period. Growing adoption of safety systems to curb road fatalities and increasing demand for state-of-the-art vehicles are expected to fuel the automotive electronics market. Strict government regulations on fuel emission standards would also drive the market. Furthermore, transition towards advanced safety systems is expected to help boost the global market growth over the next few years.
Some of such advanced safety systems include alcohol ignition interlocks, emergency call systems, and accident data recorder systems. Regulatory bodies across various countries are framing new guidelines for automobile manufacturers mandating the installation of automated safety systems in vehicles due to increasing cases of road accidents. WAAS Set For New Solution In Auto Care. Corporate, fleet, organisational and individual vehicle owners are in for a new deal as the momentum gathers and excitement builds ahead the maiden edition of the West Africa Automotive Show (WAAS), a new international trade exhibition, is set to bring the region’s automotive parts industry together under one roof in November.
For three days, an estimated 100 exhibitors from Nigeria and other countries will be gathering to network, forge new business ties and show off the latest developments and products in the spare parts and services sector. Suppliers, dealers and manufacturers will also be able to discuss best practices for the industry and find out more about the developing local motor manufacturing industry. With free admission, more than 3,000 visitors are expected to attend WAAS which holds from November 6 to 8, 2019 at the Landmark Centre on Victoria Island, Lagos.
Having the largest population on the continent creates a huge market opportunity in Nigeria. Which is worlds best Auto Expo? What points could make Auto Expo very effective? ‘My teenage years in Nigeria defined the man I am today’ - Ikenna Ordor. Standard Chartered Bank Provides Insight to Funding Manufacturing Sector. Standard Chartered Bank, recently hosted the first edition of its Business Banking industry event, The Confluence, as part of its efforts to deepen sustainability in the Nigerian manufacturing industry and promote business financing. The event brought into perspective the growing demands in the industry. IMF ranking: Nigeria regarded as the largest economy in Africa. The International Monetary Fund (IMF)’s have recently revealed that Nigeria and South Africa are among the largest economies in Africa with a combined Gross Domestic Product (GDP) which is around $750 billion in the year of 2017/18.
According to the African Exponent, there will have to be conscious practical efforts in improving the non-oil sectors if the continent can compete with top economies in the world. 1. Nigeria With a population of over 200 million, Nigeria’s GDP is in excess of $376.284bn, successfully contributing towards being the largest GDP on the African continent. Nigeria’s largest resources and export is oil, however the countries other non oil resounces consist of Peanuts, Palm Oil, Cocoa and increasing growth within the tech nidustry. 2. South Africa is a close second to Nigeria with a overal GDP of $349.299bn. 5 made-in-Nigeria cars you would love to drive. Here is the list of 5 made-in-Nigeria cars that you would wish to get behind their wheels!
Cheap used cars are not too difficult to find in Nigeria. However, finding a genuinely cheap car is a different story. Buying car is a stressful process, particularly when you are on a tight budget and can only afford a used vehicle. Tokunbo Imports Almost Double. Nigeria imported used vehicles (popularly known as Tokunbo) valued at $526 million (N161 billion) in 2018, as against $284 million (N87 billion) worth of vehicles in 2017.
According to the U.S Department of Commerce, Nigeria imported 82,180 units of vehicles from the U.S in 2018, as against 48,899 units in 2017. This means that the numbers of vehicle imported into Nigeria grew by 68% year-on-year 2018. Data further show that between 2014 and 2018, the total value of used vehicle import from the U.S amounted to $189 billion. However, in 2014, Nigeria recorded $633 million, which fell to $272.7 million in 2015. Since 2015, the total amount of money spent on the importation of vehicles rose significantly. How many upcoming trade shows will be held in 2019? Automotive Interior Ambient Lighting Market Worth $4.59 Billion By 2025.
Latest Automotive Industry News - Auto Industry News. Is Auto Expo Worth the visit? Hydrogen Generation Market Size Worth $180.2 Billion By 2025. The global hydrogen generation market size is predicted to be valued at USD 180.2 billion by 2025, according to a new report by Grand View Research, Inc.
It is expected to expand at a CAGR of 5.8% over the forecast period. Rising demand for renewable sources of energy and safe fuels is projected to boost market growth. Increasing adoption of hydrogen and awareness toward importance of energy conservation are expected to boost the global market for hydrogen generation by 2025. Rising efforts to shift focus from fossil fuels to renewable fuels is expected to further propel market expansion. Numerous countries are introducing stringent regulations to significantly reduce indiscriminate use of conventional fuels responsible for excessive greenhouse gas emissions. Hydrogen is among the most abundantly available elements on earth and it plays an important role in agriculture, fertilizer and chemical manufacturing, and pharmaceutical production among others. MerchantCaptive. Investigation: How delayed implementation of dirty fuel ban costs Nigerians billions.
According to the National Bureau of Statistics (NBS), in 2018, Nigerians spent N135billion in 10 months to import parts and accessories, including car engines.
When compared to 2017, the stats show that expenses on imported automobile spare parts have significantly increased. This amount could be small when compared to what Nigerian car owners spend yearly on unplanned car maintenance or the cost to fix faulty engines caused by prolonged use of dirty fuel. A cross section of car owners interviewed said the cost of fixing damaged engine ranged from N50, 000 to N500, 000, depending on the car model, the engine type and the nature of repair, among other factors. Only a few Nigerian car owners know that fuel that is high in sulphur (dirty fuel) could be responsible for damaged car engines. It starts with frequent engine failures.
Must Attend West Africa Automotive Show 2019. How to Make Money from Nigeria’s Road Transportation Industry Boom. Which are the best automotive exhibitions held globally? Auto Parts Exhibition Nigeria. 120+ Exhibitors + Over 2,500 attendees West Africa Automotive Exhibition : Overview Among the most awaited events in Nigeria, WAAS : West Africa automotive exhibition has a definitive target of providing an effective platform to existing and potential professionals, including the stakeholders in the automotive and associated businesses, across the world to explore and capitalize on the bountiful possibilities in the industry in Nigeria.
It is going to be a significant gathering of major local and international vehicle manufacturers, & brand representatives, including suppliers & dealers in the automotive business in Nigeria and West Africa. WAAS The Most Awaited Auto Parts Exhibition In Nigeria. WAAS The Most Awaited Auto Parts Exhibition In Nigeria With over 2500 attendees expected to be present the West Africa Automotive Show will be a Landmark event for the automotive industry of West African region. WAAS — Auto Parts Exhibition Nigeria Africa. Attend West Africa Automotive Exhibition To Stay On Top of Your Business. Manufacturers and suppliers of automotive components, spare parts and care products for automobiles are all going to gather, at the biggest automotive trade shows of West Africa in Lagos, Nigeria. So, you may not want to miss out this rare event to review, what products they have on offer. While, the manufacturers can show their best and latest products, to the people who want to buy and do business with them.
A win-win for both sellers and the buyers. West Africa Automotive Exhibition, Nigeria, Africa.